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#4 Why is the cost of a barrel of oil lower than it has been in a long long time ? and who is buying ISIS's oil ?
#1 Are there really bombs dropping on Syria to keep us safe from jihadists ?
#2 Are there are real refugees who are running for their life ? and if yes shouldn't they be helped ? #3
Is it true that the greed and corruption of the War Machine caused this situation deliberately ? if yes who will be held accountable ? and by whom ?
originally posted by: Athetos
Gas is down to 74cents a litre here! In northern Canada no less! Its the cheapest it's been in my life as a driver. I remember 64cent gas as kid and it might dip that low again.
Pretty cool I can fill up my truck for less then 100$
a reply to: cosmickat
the West can have their economies kick-started thanks to the low cost at the pumps.
According to Graves & Co., an industry consultant, oil and gas companies have laid off more than 250,000 workers around the world, a tally that will rise if oil prices remain in the dumps.
In an eye-catching statistic that highlights who exactly is bearing the brunt of the downturn, Graves says that oilfield service companies account for 79 percent of the job losses.
Beyond oilfield services and E&Ps are not the only ones feeling the heat. Pipeline companies are also starting to lay off workers as well. Last week Enbridge confirmed that it was laying off 500 workers and leaving 100 positions unfilled, according to the Financial Post. The job losses account for about 5 percent of Enbridge’s North American workforce.